Principal Real Estate Income Fund
29 hedge funds and large institutions have $19.1M invested in Principal Real Estate Income Fund in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
5% more capital invested
Capital invested by funds: $18.1M → $19.1M (+$976K)
1.7% more ownership
Funds ownership: 28.06% → 29.76% (+1.7%)
6% less funds holding
Funds holding: 31 → 29 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.34M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$657K |
| 3 |
Morgan Stanley
New York
|
+$283K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$239K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$514K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$391K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$240K |
| 4 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$228K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$164K |
PGZ Hedge Fund Activity: Q2 2023 in Review
29 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Principal Real Estate Income Fund (PGZ) for Q2 2023, worth a combined $19.1M — up 5.4% from $18.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGZ and 6 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $1.34M. The largest seller was Shaker Financial Services, cutting an estimated $514K.
- 29 institutional investors held Principal Real Estate Income Fund (PGZ) as of Q2 2023, down from 31 in Q1 2023.
- Funds reported $19.1M of Principal Real Estate Income Fund stock for Q2 2023, up 5.4% quarter-over-quarter.
- 6 funds opened new Principal Real Estate Income Fund positions in Q2 2023 and 8 closed out, a net change of -2 holders.
- The largest Principal Real Estate Income Fund buyer in Q2 2023 was Bulldog Investors, an estimated $1.34M added.
- The largest Principal Real Estate Income Fund seller in Q2 2023 was Shaker Financial Services, an estimated $514K sold.
Based on aggregated 13F filings for Q2 2023.